US College Enrollment Decline 鈥 2024 Facts & Figures

April 22, 2024

college enrollment decline cliff

Did you know that college enrollment numbers have been declining at a steady rate for over a decade? In fact, undergraduate enrollment is currently down about 8.5% from 2010. In this article, we鈥檒l look at some of the causes for the decline. We’ll also consider what the pending enrollment cliff (predicted to start the 2024-2025 academic year) means for current applicants and incoming college students.

First, though, the data: 

The is the primary federal entity for collecting and analyzing data related to education. If you鈥檇 like to nerd out on some numbers, the , and provides

According to the NCES:

  • Undergraduate college enrollment increased from 1985-2010 at a rate of about 2.2% each year. In 2010, enrollment peaked at about 18.1 million students.
  • Since 2011, enrollment has decreased at a rate of about 1.5% each year.
  • Enrollment reached its lowest point in 2021, during the COVID-19 pandemic.

This overview doesn鈥檛 provide the whole story, however, particularly in terms of demographics. The . Meanwhile, application and enrollment rates among low-income students, first-generation students, students of color, and other underserved populations have , especially at two-year institutions.

US College Enrollment Decline – Enrollment Cliff (Continued)

Indeed, declining enrollment has not affected all types of colleges equally. Two-year colleges (both public and private) have experienced sharper declines in enrollment than four-year colleges. In fact, enrollment at four-year public colleges increased slightly from 2011 on.

  • Enrollment at 2-year public colleges decreased by 38% between 2010-2021.
  • Enrollment at 2-year for-profit private colleges decreased by about 59% between 2010-2021.
  • Enrollment at 4-year private for-profit colleges decreased by about 54% between 2010-2021.
  • Enrollment at 4-year public colleges increased by 15.1% between 2010-2021.
  • Enrollment at 4-year non-profit colleges increased by about 2.7% between 2010-2021.

In 2022 and 2023, enrollment ticked back up slightly, but the increase is predicted to be temporary and does not offset the general trend toward declining enrollment. Indeed, by 2023, enrollment had decreased to about 15.8 million students. That鈥檚 right: undergraduate college enrollment dropped from 18.1 million to 15.8 million over the last 13 years. Those numbers are significant!

Why is College Enrollment Declining?

There is no single reason for the decline in college enrollment. Instead, there are many contributing (and interrelated) factors, including:

1) Decline in National Birth Rate

It turns out that a major part of the reason behind the anticipated enrollment cliff in 2025 is quite simple. The Fewer births 17 years ago translates to fewer prospective college students today. Indeed, between 2007-2009, according to the Centers for Disease Control and Prevention (CDC), .

The 2007-2009 plummet in births can attributed to the , but since then birth rates have continued to fall. The declining birth rate is one major reason why college enrollment rates are not expected to increase significantly until 2037 or so.

2) Decreased Immigration and Vacillating International Enrollment

The due to policy restrictions on immigration and as a result of the COVID-19 pandemic. As with the decreased birth rate, a decrease in the immigrant population translates to a decrease in the college-age population.

Meanwhile, . The international student population fell from 1,075,000 in 2019-2020 to about 914,000 the following year. But it then surged by 14% in 2022-2023. Rates of international enrollment are particularly sensitive to global affairs as seen by the increase in US college students from India and the decrease in students from China. With international students making up large percentages of some college鈥檚 student bodies, any significant or sudden shifts can have rippling effects on enrollment numbers, and on colleges鈥 revenue (particularly since ).

3) The COVID-19 Pandemic

Even as many colleges acknowledged the disruptions related to the pandemic, and introduced admissions-related policy changes (particularly test-optional policies), enrollment numbers still fell to their lowest levels in 2021. While , it is clear that many prospective students鈥 shifting or uncertain financial circumstances during the pandemic contributed to a sharp decrease in enrollment. We know, for instance, that there were , and that the effects of the pandemic on certain demographics continue to impact rates of college enrollment.

In addition, students decided against or postponed college enrollment at the height of the pandemic due to health concerns and dissatisfaction with or uncertainty about program changes or online formats. Although some of those factors proved temporary, . While enrollment numbers ticked slightly upwards in 2022 and 2023, the overall effect of the pandemic on college enrollment is lingering.

4) Rising Tuition Costs and Doubts Regarding the 鈥淰alue鈥 of a College Degree

The . Moreover, cost-of-living expenses have been rising significantly, affecting the cost of housing, books, and food. , but with the cost of room and board, books and supplies, and transportation and personal expenses, the total anticipated cost is  $83,250. the , with a total cost of $34,459 for in-state students and $73,946 for out-of state students.

Many colleges are amping up affordability and accessibility efforts (see, for instance, the ), but the fact is that over the past 20 years鈥攅ven adjusting for inflation鈥

US College Enrollment Decline – Enrollment Cliff (Continued)

While , there is bipartisan concern about rising tuition costs, and . Despite recent , fear of debt remains a significant deterrent for prospective college students and their families.

In addition, many high school students who would previously be considered 鈥渃ollege-bound鈥 are exploring options for satisfying and well-paying careers that do not require a college degree. Minimum wages are , , and the proliferation of options for working remotely have mitigated many cost-of-living and transportation-related expenses for many young professionals. All of these factors are likely contributing to the decline in college enrollment.

4) FAFSA Issues

The financial realities of pursuing a college education have been thrown into harsh relief this year due to issues with FAFSA. Each year, more than 17 million students submit the . The FAFSA determines a student鈥檚 eligibility for all types of financial aid鈥揻rom federal loans to work-study jobs.

Previously, the FAFSA form was notoriously complex and often yielded inaccurate or incomplete information. In response, Congress recently passed legislation to simplify the form and adjust the formula used to determine aid eligibility. However, All of these issues have had a significant impact on this year鈥檚 application cycle.

US College Enrollment Decline – Enrollment Cliff (Continued)

In particular, colleges are experiencing extreme difficulties compiling aid packages for students. Therefore, rather than receiving financial aid award letters around the same time as offers of admission, many students are currently in the position of having to assess various admission offers without knowing the specifics of their financial aid package. , many (including all eight Ivy League schools) are sticking with May 1 as the traditional 鈥淣ational College Decision Day.鈥 The uncertainty regarding financial aid is expected to contribute to the national enrollment cliff in 2024-2025.

The FAFSA debacle will not impact all colleges equally, however. More expensive colleges and colleges with high percentages of students relying on financial aid packages will feel the effects most acutely. Meanwhile, the FAFSA delays and glitches could translate into an unexpected enrollment boon for affordable and 鈥渂est value鈥 colleges.

What Does the Enrollment Cliff Mean for Prospective Students?

The expected 鈥渆nrollment cliff鈥 refers to the fact that the number of college-attending students is predicted to decline significantly this next academic year (and likely beyond next year). The decline can be attributed to both the decrease in birth rates starting 17 years ago and the decrease in the number of students choosing to attend college for a variety of reasons, explored above.

However, the enrollment cliff will not impact all states/regions or types of schools equally. As noted, both 2-year colleges and private colleges will likely witness a greater impact from the enrollment cliff. Contrarily, enrollment at public 4-year colleges will鈥攏ationally, at least鈥攑robably remain more stable.

Moreover, colleges鈥 financial aid offerings and handling of the FAFSA issues will inform how they will weather the enrollment cliff.

What does all of this mean for the immediate future of prospective students? Generally speaking, the predicted enrollment cliff likely will not translate into higher admission rates this year. This is particularly true at the most competitive schools. Likewise, tuition increases will proceed regardless of the upcoming enrollment cliff.

US College Enrollment Decline – Enrollment Cliff (Continued)

Enrollment declines do hurt revenue, though. Therefore, if enrollment continues to decline (as is almost certain), we will likely see schools scrambling to accommodate by:

  • Cutting offerings (reducing the number of majors, eliminating certain programs or courses, etc.)
  • Continuing to raise tuition and fees
  • Increasing recruitment efforts among international students or other students who can/will pay full tuition

Again, though, the effects of the pending enrollment cliff will be experienced unevenly across types of schools, regions, and demographics.

In the meantime, despite the US college enrollment decline, data demonstrates that Americans continue to associate college education with social and financial mobility. According to the , around 44% of Americans 25 and older hold some type of college degree. If, as predicted, enrollment numbers continue to decline in the future, it will remain true that a college degree is required for many types of careers, and

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